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Super normal profit is feacher of which markets |
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Answer» ong>Answer: _______________❤️_____________ ˙❥˙๑ In ECONOMICS, abnormal profit, ALSO called excess profit, supernormal profit or pure profit, is "profit of a FIRM over and above what provides its owners with a normal (market equilibrium) RETURN to capital." Normal profit (return) in turn is defined as opportunity cost of the owner's resource.✧*。_______________❤️______________ |
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